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Inorbit Malls Expands Footprint: Landmark Acquisition in Hubli Set to Transform Retail Landscape

JLL Brokers Major Deal for Akshay Sky Mall, Highlighting Tier II Market Potential Mumbai, September 19, 2024 – In a pivotal development for the retail real estate sector, Inorbit Malls (India) Pvt Ltd has acquired the ready-to-launch Akshay Sky Mall in Hubli, Karnataka, from Suresh Enterprises Pvt Ltd. With a gross built-up area of 643,319 […]

The Trillionaire Countdown: Meet Musk, Adani, and Other Billionaires Poised to Make History by 2030

The Countdown to Trillionaire Domination As billionaires continue to dominate the global wealth landscape, a new report from Informa Connect Academy reveals that the world’s first trillionaire could be crowned within the next decade. This article highlights the top contenders for this unprecedented financial milestone, featuring tech innovators and business magnates whose fortunes are poised […]

Online Orders Set to Become Cheaper: India Targets Major Logistics Cost Reductions!

Online Orders Set to Become Cheaper: India Targets Major Logistics Cost Reductions!

Government Plans Major Cost Reductions Over Next Five Years In an exciting development for online shoppers, the Indian government aims to significantly reduce logistics costs in the next five years. This move could lead to lower prices for food and other goods purchased online. Union Minister for Road Transport and Highways, Nitin Gadkari, announced these […]

One Nation, One Election: A Game Changer for India’s Economy

Cabinet Approval Sparks Debate on Political and Economic Benefits The Indian cabinet has given the green light to the concept of “One Nation, One Election,” igniting discussions on its potential political and economic advantages. This initiative is anticipated to streamline electoral processes and could lead to significant savings. Economic Benefits: Projected GDP Growth Experts predict […]

India’s Electronics Exports Soar 21.8% Driven by Mobile Devices, Highlighting Apple’s Dominance

Mobile Devices Drive 21.8% Growth Amidst Global Challenges India’s electronics exports have witnessed an impressive 21.8% increase between April and August 2024, reaching $13.57 billion. This makes electronics the fastest-growing sector among the country’s top merchandise exports, highlighting the vital role of mobile devices and key players like Apple Inc. Mobile Devices Take Center Stage […]

India Rises to Third Place Globally as an Attractive Real Estate Destination for Foreign Investors

Surging Foreign Interest Places India Third Worldwide for Land and Development Investments India is rapidly ascending the ranks as a prime destination for foreign investors, securing the third position globally for land and development investments in 2024, as highlighted in the latest report by Colliers. This shift is largely driven by substantial inflows into the […]

India Takes the Crown: Surpassing China in MSCI Emerging Markets Index

A Historic Shift in Market Dynamics India has officially overtaken China to become the largest market in the MSCI Emerging Markets Investable Market Index (IMI) as of September 4, marking a significant turning point in the global economic landscape. With this shift, India now boasts a weight of 2.35%, edging past China’s 2.24%, according to […]

India’s Economic Aspirations: Doubling GDP by 2030 and Avoiding the Middle-Income Trap

India’s Economic Aspirations: Doubling GDP by 2030 and Avoiding the Middle-Income Trap

A Promising Future for India’s Economy India’s economy could double in size by 2030, positioning the nation as a key player in the global arena, according to NITI Aayog CEO B.V.R. Subrahmanyam. Currently valued at $3.7 trillion, India ranks as the fifth-largest economy in the world. Climate Change: An Opportunity for Technological Advancement Speaking at […]

Mall Development Slows: Industry Leaders Predict Sluggish Growth Compared to Residential Real Estate

Mall Development Slows: Industry Leaders Predict Sluggish Growth Compared to Residential Real Estate

Challenging Times for Mall Operators Mall developers and operators are bracing for slower growth compared to the booming residential real estate sector. As per experts, the development of new shopping malls is tapering off nationwide, compounded by a lack of consumer footfall and underperformance of major anchor tenants like multiplexes. Mumbai’s Mall Market Stagnation During […]

India Climbs to Third Place in Global Cross-Border Capital for Real Estate Amid Surge in Foreign Investments

India Climbs to Third Place in Global Cross-Border Capital for Real Estate Amid Surge in Foreign Investments

Foreign Investments Surge as Industrial and Office Assets Dominate the Market Mumbai, 19 September 2024: A new report from Colliers reveals that India has secured the third position globally for cross-border capital targeting land and development sites. The Asia Pacific region continues to show its economic strength, with major players such as Singapore, Hong Kong, […]